Wednesday, June 11, 2008

Stock Chart Analysis MCHP

Article by downtowntrader at Chart Analysis MCHP Microchip Technology Inc. (Public, NASDAQ:MCHP) While the markets have been looking weak to me, I noticed more then a few semiconductor equipment stocks tonight with interesting patterns developing. There are more then a few that look like they are attempting bottoming patterns. MCHP is one for instance. While it has plenty of overhead resistance, the recent action

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